A Washington couple faces an excess of criminal charges, including the alleged falsification of payroll records to avoid paying workers’ compensation premiums, among others. Clark County prosecutors have filed charges against Larry J. and Phyllis Ann Brossard, owners of trucking …
Investigators from CDI’s Criminal Investigations Branch’s Fraud Division arrested 33 year-old Jamel Hassan Nichols for insur-ance fraud. The investigation began with two referrals from the California State Automobile Association (CSAA) Insurance Company, involving Gloria and Jamel Nichols, a married couple …
The California Department of Insurance (CDI) recently issued an Order of Monetary Penalty and Reprimand ordering broker-agent Bonding & Insurance Specialists Agency, Inc. to pay a fine of $100,000. The Illinois-based agency allegedly deceived customers by charging and collecting inappropriate …
Hollywood, Calif., residents Juan Ortiz, 44, and Joseph Lewellen, 67, were charged with first-degree murder, arson, and insurance fraud due to a fire purportedly set by the pair at the Palomar Hotel in Hollywood, according to the Associated Press. The …
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has submitted a filing with the California Department of Insurance (CDI) proposing changes to the approved pure premium rates that became effective Jan. 1, 2002. WCIRB’s filing recommends that pure premium …
According to the American Insurance Association (AIA), the California Office of Administrative Law (OAL) has accepted their request to review the California Department of Insurance’s (CDI) recent retroactive premium tax notice. This notice, sent to workers’ compensation insurers on Feb. …
California-based financial services company Fremont General Corp. has reported a fourth-quarter profit, moving from a loss from a year earlier, when it recorded large losses in its workers’ compensation insurance business, according to a Reuters report. Fremont noted that it …
Pennsylvania Insurance Commissioner M. Diane Koken announced that the Commonwealth Court has approved her petitions for Orders of Rehabilitation for Legion Insurance Company and Villanova Insurance Company, both located in Philadelphia. The companies were placed in rehabilitation starting April 1. …
The issue of whether or not the government should be in the business of providing terrorism insurance is a confusing one. Congress clearly has a problem with it. Although the House passed its version of a bill that would create …
Submissions are coming in by the truckload. Renewals obviously are something that we’re very concerned about,” said Derek Borisoff at this year’s Joint “I” Day on April 2 in Universal City, Calif. “One of the biggest problems is that we …
